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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (23718)5/30/2011 1:13:04 PM
From: Tommaso  Respond to of 119362
 
Jim Grant's outlook (not rosy):

columbiatribune.com



To: Les H who wrote (23718)5/30/2011 1:54:30 PM
From: ggersh  Read Replies (1) | Respond to of 119362
 
Fraud, I thought we already have laws on the books for
this shit.

Washington is now grappling with new rules about how to limit Wall Street bonuses in order to better align bankers’ behavior with the long-term health of their bank. Merrill’s arrangement, known only to a small number of executives at the firm, shows just how damaging the misaligned incentives could be.



To: Les H who wrote (23718)5/30/2011 2:34:55 PM
From: Les H  Read Replies (1) | Respond to of 119362
 
youtube.com



To: Les H who wrote (23718)5/30/2011 5:14:47 PM
From: Smiling Bob2 Recommendations  Respond to of 119362
 
no jail time?
------
What became of the bankers who created this arrangement and the traders who took the now-toxic assets? They walked away with millions. Some still hold senior positions at prominent financial firms.


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